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German Solar Industry to Survive Insolvencies, Kemfert Tells DPA

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May 20 (Bloomberg) -- The German solar industry will last regardless of the recent insolvency filings of some members, Claudia Kemfert, senior energy analyst at the DIW economic institute in Berlin, was cited as saying in an interview with Deutsche Presseagentur.

Solar is an industry for the future and employs 120,000 workers in Germany, the newswire cited Kemfert as saying. The recent market consolidations were to be expected, Kemfert said, according to DPA.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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